Revenue Expenses Professional insurance Training seminar Travel to clients: Lodging Meals (restaurants) Airfare Wages employee Office utilities e Payroll tax (employer portion) Owner distribution (draw) Office rent Professional expense (attorney fee) Total Expenses I Office supplies Late filing penalty Charitable Contributions (cash) Contributions to political candidate Net Income LNG Design Income Statement For the Year Ended December 31, 2023 Additional Information: . Drove 1,800 miles to meet with clients Purchased new computers for $2,800 Purchased new office furniture for $7,500 2,125 850 3,300 1,250 1,800 62,000 7,500 4,740 145,000 26,400 1,800 1,700 350 1,800 1,500 250,000 (262,115) (12,115)

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A * Drove 1,800 miles to meet with clients - Pucchased new computerv for $2,800 - Purchased new office furniture for $7,500